Latham & Watkins Advises on Perficient’s US$330 Million Private Convertible Senior Notes Offering

Perficient, Inc., a leading global digital consultancy transforming the world’s largest enterprises and biggest brands, has announced the pricing of its private offering of US$330 million aggregate principal amount of 0.125% Convertible Senior Notes due 2026 to be sold to qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933. The offering size was increased from the previously announced offering size of US$300 million aggregate principal amount of notes. Perficient has granted the initial purchasers of the Notes an option to purchase up to an additional US$50 million aggregate principal amount of Notes. The offering is expected to close on November 9, 2021, subject to customary closing conditions.

Latham & Watkins LLP represents the initial purchasers in the offering with a capital markets team led by New York/Los Angeles partner Greg Rodgers, New York partner Benjamin Cohen, and Los Angeles partner Arash Aminian Baghai, with New York associates Jonathan Guest, Carolina Bernal, and Nigel Frank and Los Angeles associate Andrew Bentz. Advice was also provided on equity derivatives matters by New York partner Catherine Lee, with New York associate Shawn Noh; and on tax matters by New York partner Bora Bozkurt, with New York associates Ronald Moore and Jacob Nagelberg.